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Morningstar Inc (NAS:MORN)
Non-Recurring Items
$5.4 Mil (TTM As of Mar. 2015)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Morningstar Inc's non-recurring items for the three months ended in Mar. 2015 was $-0.6 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $5.4 Mil.

As of today, Morningstar Inc's share price is $77.30. Morningstar Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2015 was $1.83. Therefore, Morningstar Inc's P/E (NRI) ratio for today is 42.24.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Morningstar Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2015 was 5.264 (Jun. 2014 ) + -0.813 (Sep. 2014 ) + 1.523 (Dec. 2014 ) + -0.6 (Mar. 2015 ) = $5.4 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Morningstar Inc's P/E (NRI) Ratio for today is calculated as

Morningstar Inc's Share Price of today is $77.30.
Morningstar Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2015 was -0.22 (Jun. 2014 ) + 0.67 (Sep. 2014 ) + 0.71 (Dec. 2014 ) + 0.67 (Mar. 2015 ) = $1.83.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Morningstar Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income 1.82.3-0.9-1.4-0.14.3-0.7-2.24.66.3

Morningstar Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Non Operating Income -1.90.22.40.11.90.35.3-0.81.5-0.6
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